WAIVER OF JURY TRIAL

Other Names: Waiver of Jury Trial Right

Sample Clause Language:

EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED UNDER APPLICABLE LAWS, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR BY THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY.

Source: SolarMax Technology, Inc. (2020, January 16). Form S-1. Retrieved from SEC EDGAR website http://www.sec.gov/edgar.shtml

 

Description:

Waiver of Jury Trial clauses provide that a party or each party waives their right to have a jury resolve any dispute arising out of the agreement. The same clause here is mutual and drafted to be neutral. This clause states that each party waives the right to have a trial by jury (i.e., they agree to a bench trial where a judge will resolve the dispute).

Common Contracts with this Clause:

  • All Commercial Agreements
 

What you'll see with Lawgood:

Number of Positions Available:

Three (3) Alternative Positions

  • Mutual
  • Mutual (Long-Form)
  • Unilateral

Related Clauses:

Draft better contracts with Lawgood.

Lawgoodcontractclauses